Oslo-listed Gaming Innovation Group (GiG) has secured a long-term contract to provide its platform to GLHF.GG, the new global eSports joint venture between MRG Group and Gamingzone Entertainment.
The company is providing its GiG Core platform to facilitate the launch of GLHF.GG on a revenue share basis, with the site expected to go live in the first quarter of 2019.
The deal is expected to make a marginal positive contribution to GiG's revenue in 2019.
“We highly value MRG’s and Gamingzone's knowledge and experience in both iGaming and eSports and are delighted to enter the fast-growing eSports vertical together with them, adding further scale to our ecosystem,” said GiG chief executive Robin Reed.
“We are looking forward to supporting GLHF.GG in our mutual strategy of offering innovative, entertaining and engaging products supporting their growth in this increasingly prominent market.”
MRG chief executive Per Norman added: “There is a massive engagement around eSports today with 200 million frequent viewers globally every day. Our ambition is to build the world’s most engaging eSports community together with Gamingzone Entertainment.
“Together we will offer a new community called GLHF.GG for eSports fans with focus on entertainment, streams and betting on eSports to embody the true meaning of GLHF.GG.”
Shares in Gaming Innovation Group Inc (OSL:GIG) were trading 0.37 per cent lower at NOK2.70 per share in Oslo Thursday morning.